Cocoa Moves Lower
NY Cocoa futures are trading lower Monday. May Cocoa is trading at 2803, down 15. July Cocoa is trading at 2798, down 12.
Chatter about demand (especially in Asia) continues. Market talk about volatile currency values and West African supply continues. Some talk that commercial buying was supportive has been making the rounds.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.